Related Content

Farhad Manjoo: Apple Should Ignore Carl Icahn

10/28/2013 2:45PM

Carl Icahn is wrong to ask Apple to use its cash pile on a stock buyback, says WSJ columnist Farhad Manjoo. That money is better spent on improving Apple products and services to ensure it remains competitive. Photo: Getty Images.

This transcript has been automatically generated and may not be 100% accurate.

... I ... Farhad Manjoo WSJ columnist taking the fight with a call on Qana over Apple's a Spanish an all cash while commit Digits I'm Simon Constable Dan the man in self fun and Manjoo cools ... joins us now from sentences go ... Fiat thank you for being map ... eighty year ... eight ... Apple should ignore from my time and and Feynman deafness ... Wally out what why and so ... the garden is that Apple is ... it a risky business ... business is always uncertain and they were in heaven ... right now in return Dish from ... the top places to mobile devices in our various other ... transition is occurring ... in the kind of in Miami ... Apple issued in the past is catching its future ... rather than giving back to shareholders for would-be I'd I'd say a church and gave him the stock trades but not a long-term ... straightening of is that this decision against its rivals some fund ... that will lead to new ideas and you've missed that some of the ideas in a column ... on ... one thought about what what what do you ... have to agree with me that something should be done with the money to shareholders on all paying ... Simko and his management team to manage cash when the top line to manage cash ... just as well as that seemed to ... account ... for a heckuva lot cheaper as well so what you agree with may ... be nice to go someone ... the new year ... when ... I can in some parts of it as a ... portion of its cash needs to go back to the shareholders ... Apple is ... planning a ... return to the twenty billion dollars but twenty eight to twenty fifty such an idea that's reasonable ... basically she returned more than investors should use something else with the bright idea and it ... is kind of racing in the ... one he was right now ... while one of your ID is ... mounting that some stretch of the so the second one is that buildable Bly a cellulite area ... now sell cell carriers have been immensely capital intensive you need them apps that on the cash will ... Apple has the cash ... Tony thing the government might have a problem and that if Apple when did that ... the ... problem with ... it ... it was slowly rates ... I am I Ch ... you seven things at once ... leading ... indicators since the one thousand people ... I Phones distressing congested city is in there they're in trouble because they are slower than he needed me ... Apple could ... very easily ... the bill cellular infrastructure that works for I Phones alone in big cities ... the cities around the world and the weaker yen and ... euro I worked at the phones because Apple ... is a big investor to four ... the government would have a problem that ... day ... and then over time you ... can buy or sell ... are your leash I've set ... a standard twenty perhaps the Amazon ... for its Kindle ... your package it with the Devi it's ... become a very big business models are selling ... in so doing it ... now ... when the going in which is to attempt to build ... the ... approval of the Russian approval ... and I'm thinking to myself of all people I've wanted to find ways I think you will have to become the half to be the last on the list if a hike ... in fact only would he be on the list of ... picking a fight with tool which is sort of what is adjusting its canonical ... I mean they try to let it be Eddie the Eagle is a tough competitor ... the goal ... is to come I watch as it is doing really well ... Google is making further loss making mobile software which it's improving its design and away the game is ... over ... the major threats to Apple ... I was I suggested Apple aperture and ... directed by Lee Web services ... who was doing ... and in some ways make the Web services work better ... it's a it's it's ... nothing like ... seeing the ... maps app ... it will ... not be a good ending both highlighted the key to ... your shirt from Apple ... I think you could attend should do well in improving the area a company ... nothing funny about is the lower prices ... still the Salvos will take that ... yet he could Bigley the big shareholders when turnout was high time origins rating that's what Apple is really about ... ay ay ay Beardson endangered Apple's high margins especially with the I phone is that ... it makes it less competitive with other devices especially in Britain right we see and we see Apple ... loses market share ... I think people would ... would agree they will gain market share is Creek for Apple ... aren't great for kids for long-term earnings ... so you know it is face some of its cash to buy ... it unique is that they will lower its ICE's into the ... market you know ... in in the long run the benefits for investors ... interesting stuff on the blog and stuff and Michael thank you very much ... high definition columnist Farhad Manjoo we appreciate time